Crypto Fear & Greed Index at 78 points… Maintaining extreme greed stage

Uk Jin

Summary

The Crypto Fear & Greed Index reported a score of 78 points, a 2-point increase from the previous day, maintaining the extreme greed stage.
Bitcoin recorded $95,700, down 0.26%, while other altcoins are showing mixed trends.
The index is an indicator of market sentiment, calculated based on various factors.

According to the crypto (cryptocurrency) data provider Alternative on the 4th, the Crypto Fear & Greed Index recorded 78 points, up 2 points from the previous day.

As of 9:41 a.m. today, Bitcoin (BTC) is trading at $95,700 on CoinMarketCap, down 0.26% from the previous day.

Meanwhile, altcoins are showing mixed trends. At the same time, Ethereum (ETH) fell by 0.09%, and Ripple (XRP) also dropped by 5%. On the other hand, Solana (+5.09%), Binance Coin (+15%), and TRON (+81.66%) surged.

The Fear & Greed Index is an indicator that expresses market sentiment, with a score closer to 0 indicating extreme fear and closer to 100 indicating extreme greed. This index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search trends (10%).